Modernized NAFTA Must Preserve Market Access
The North American Free Trade Agreement (NAFTA) is a trade agreement among the United States, Canada and Mexico. NAFTA eliminated most tariffs – taxes on imports – among the three countries. NAFTA also contains important enforcement protections so that U.S. companies and workers get a fair deal. This includes the investor-state dispute settlement mechanism (ISDS). Since NAFTA is a 25 years old agreement, we support negotiation among the three partners to bring the agreement up to date.
NAFTA has provided significant economic gains for the industry. In 2017, U.S. pulp and paper exports to NAFTA countries were $9.6 billion, or 45 percent of the industry’s total pulp and paper exports, up from $3.2 billion or about 36 percent in 1993. Additionally, 52,000 direct and indirect jobs, many located in rural areas, are supported by exports to Mexico and Canada.
AF&PA priorities for NAFTA renegotiations include:
- Maintaining open access for the industry’s exports to Canada and Mexico
- Retaining strong investment protections
- Including strong language on combatting illegal logging and associated trade
- Raising standards with transparent, science-based regulatory practices
Related: NAFTA One Pager (PDF)